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The CBDC pilot involving major Indian banks for retail transactions is called ________ Pilot.

  1. e₹ / Digital Rupee
  2. Transparency
  3. e₹-UPI / Digital Rupee
  4. AI / Autonomous

Answer: e₹ / Digital Rupee

e₹ retail pilot (2022-) involves SBI, ICICI, HDFC, etc., testing P2P/P2M transactions via QR, mobile wallets. Evaluates usability, scalability, integration before nationwide rollout. Critical for digital payment evolution.

Topic CBDC
Exam Relevance Banking, SSC, UPSC
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